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business everything is all about america they took to people was from kansas city, few. and before this building there was the union depot before it burned down so why have spent a lot of time in your town in my brain over the last few years. i think the easiest way for me to get you into the destroy all of this book and the idea we what we want to do is to for have imagery from the beginning of the book. so who the hell was fred harvey. on the spring night in 1980 to the trunk and cowboy is writing from northern mexico was in disbelief at the site of the montezuma hotel. it did appear to be a hallucination. montezuma was one of the most astonishing architectural creations in america perhaps most astonishing was its location. it was nestled in the gorgeous nowhere in the foothills of the mountains 6 miles outside of las vegas mexico would read this into a town of the real world only recently connected to civilization. the largest building in the united states between the style montezuma featured a dining room that seated 500, casino of breathtaking wine cellar, a bowling alley, bil
, hardest talk. "the mclaughlin group" is brought to you by siemens. siemens answers america's toughest questions in energy. >>> one, democrat exodus. >> it just came to the point where i said, i've accomplished all i'm going to do. time to make the break. >> michigan senator announced last week he would not seek a tenth term in office. bob stupak had been expected to win handily in the coming november mid-term election. instead, stupak is stepping down. stupak is one of 24 democrats retiring this year. 19 from the house. davis, barry, snyder, watson, els worth, moore, delahunt, stupak, kennedy, gordon, tanner, baird, massa, wexler, abercrombie, and five from the senate. dodd, dorgan, botch, kaufmann. the climate for democrats seems to have been a toxic one. the party is now polling at l-t question. what explains the exodus of leading democrats like senator dodd? is this a case of rats leaving a sinking ship? >> well, dodd's got a particular problem. he really could have lost that seat for the democratic party, john, but overall, i don't think there's too many democrats retiring, but t
. ♪ ♪ >> glenn: hello, america. welcome to friday. we're wrapping up our week of trying to develop some plan. i'm working on different ideas. we have to fundamentally change. the first thing we have to do is fundamentally change our thinking. faith, hope and charity. we need to be those things to be able to survive. then we need to think out of the box. the old ways aren't going to work anymore. do you remember this pledge from barack obama? >> absolutely we need earmark reform. when i'm president i'll go line-by-line to make sure we're not spending money unwisely. >> glenn: see that's what people, when they voted for change this is what they were looking for. they were looking for common sense. we haven't gone line-by-line. we had ear marks and they're doing nothing but adding to the budget. there is no subtracting what so ever. we added $1 trillion in healthcare, nearly $1 trillion in stimulus and he's now adding in massive tax increases. there is talking about there is no way to do this without the tax increases. yes, there is. if he won't go through the budget line-by-line, we will. it's go
. america is at a critical pope of decision making. we are a nation at a crossroads. it is up to each of us to determine what kind of country we want to be. down one path is a democratic $1 trillion overhaul. a stimulus law that fails to meet expectations for job creation. the taxpayer-funded bailout for private companies. a cap and trade policy that will impose a massive energy tax upon all americans. all of these are costly policies that seize more control over the economy and our lives. the goal -- to remake america in the image of europe. but, take hope, down the other path is responsible, adult leadership, focused firmly on job creation and economic opportunity. we believe in a congress that will once again listen to the people and return america to the country they know and love. we believe in a limited, but effective government, that provides a safety net for those who need it most, but sets no limits on opportunity or achievement. we believe that it is not enough to just talk about ending government waste. you have to take action so that we can begin to be raised our deficits and fr
the s.e.c. fraud charges. where america stands on autism. with more new cases, new technology now that could help early detection and treatment. >> we hold on to hope because that's what gets us through. >> glor: and preserving the past-- the campaign to save aging tow boats that built the american heartland. this is the "cbs evening news" with jeff glor. >> glor: and good evening. the volcanoic dust cloud that has already grounded so many air passengers today also affected presidential plans. the white house said president obama will have to cancel his trip to poland for the funeral of its president. ash and dust from that volcano in iceland today spread deeper into eastern europe. airports are closed across most of the continent. 17,000 flights have been canceled. mark phillips beginnings our coverage tonight at london's heathrow airport. mark, good evening to you. >> reporter: good evening, jeff. three days into this disruption, things are only getting worse. unless the weather patterns change or unless this volcano itself subsides, the prospects for the future look grim. the
is getting under the skin of liberal america. >> you would think they would be saying thank you. [ laughter ] >> bill: we'll show you the latest in a growing civil war. >> there is a growing movement sweeping across this nation and you are it! you are it. >> bill: sarah palin target number one when it comes to tea party personalities, now a latino magazine publisher is hammering her. >> after 9/11 we pretty much dropped that race stuff, did we not? we were pretty much all americans there, right? [boos] >> bill: why was i booed at a conference sponsored by al sharpton? we will show you what happened. caution, you are about to enter the no spin zone. the factor begins right now. ♪ >> hi, i'm bill o'reilly. thanks for watching us tonight. the tea party getting under the skin of the liberal establishment. that is the subject of this evening's talking points memo. according to a recent rasmussen poll 24% of americans now identify with the tea party movement. that's up 8 points in just one month. what is driving the tea party is fear that president obama is changing traditional america, that th
as we were together on a bipartisan basis. to craft a realization designed to get america's lowest performing schools back on track. i will turn to my very capable partner in this perhapfor his og statement. >> thank you, mr. chairman, and thank you for your diligent work in moving this along on fixing "no child left behind." it is an old version and i'm sure we will have a new version here before long. we for to created thea diverse witness list and i look for to learning more from each of you this afternoon. the knowledge of practice to bring to the table will help us as we move forward to develop legislation that builds upon what we have learned from "no child left behind" and fixes what has not been working. two issues i will focus on as we read author is a -- we authorize this. first, the man didn't turn around models could have on a roll and frontier schools and school districts. the second is the research base used to determine whether these models have proven to be effective at turning around a performing schools. roll and frontier schools and school districts are unique an
[inaudible] i was wondering with america just struggling to pay their bills, losing their jobs [inaudible] and fail to pay taxes on rental properties? [inaudible] nseries why are you such a disgrace? i have my tax returns. can i be free from other penalties? ♪ ♪ i want to introduce the next speaker a warrior here in washington, d.c. today in and day out is battling the injustice of the tax code. he formed the taxpayer protection pledge. he asked every candidate, every incumbent to sign it, reduce taxes this. he lives here in washington, d.c. but he is in part from washington, d.c. because he is a warrior who understands the tax code as well as anyone. i want you to give a big war round of applause for a fellow patriots, grover norquist from the americans for tax reform. [cheering] >> we have thousands of americans getting together today and over a thousand rallies in washington, d.c. and across america and it's not possible to thank all the people who took the time and effort to organize that but i would like to say special thank you to the three who did the most to make th
of america. i'm tom foreman. thanks so much for watching. for all of us here on the cnn express, we hope we see you down the roid. . o. ad. >>> i'm fredricka whitfield in atlanta. this breaking story. president barack obama has scrapped plans to travel to poland for the funeral of the polish president because of the vast volcanic ash cloud over much of europe. the white house announcement came within this hour, just about six hours before mr. obama was expected to leave. he joins a growing list of world leaders and dignitaries taking the same sort of decision. the ash cloud makes flying hazardous and has all but shut down flights in most of europe since thursday. here is a look at the volcano from space. the ash cloud is already huge and believe it or not, is still growing. right now it has affected airports in about two dozen countries. no travel relief expected for at least another day. >> we just wait. there is nothing anyone can do. everyone just accepts this is an act of god and there is nothing we can do about it. sit back and relax. >> not everyone is ready to sit back and re
that will just say, look this corruption is bad. america will support people. i mean, the tickle fest was... it was a bit too far but america will support people who have been part of the system, and want out. they just want out. if you are doing it for the right reasons, please, contact us. i don't, like i said, i don't even know the names of the refou refounders, one guy does and he's the most honorable man i know. please, contact us. and, let us help you get out of this system. help refound america. we're going to go to another audience member, jane has a question for you. >> glenn: hi, jane. >> in light of the negative things going on in washington in our nation and the world, what positives can be pointed to and, specifically, what should america and its younger generation, in particular, remain optimistic about? >> glenn: i grew up in seattle, washington. and i remember when i moved to phoenix, arizona, i mean, seattle is cloudy 310 days out of the year. you don't see the sun for 310 days a year. it is amazing. and, i remember when i moved to phoenix, i actually stopped, i was walki
're in the human energy business. chevron. >>> hello, everyone. from america's news headquarters, i'm jamie colby. at least 26 countries in europe have shut down portions of their air space due to the growing concern over the drifting volcanic ash from iceland and there are stranded travelers everywhere, camping out in terminals and flooding car rental agencies. scientists are warning the air space interverence could continue for days. volcanic ash is known to dash plane engines and impair visibility. shuttle discovery astronauts are on the way back to earth. shuttle undocking from the international space station a few moments ago. discovery and the crew spent a week-and-a-half outfitting the space station with a knew ammonia tank and other supplies. the discovery is scheduled to arrive home on monday and we'll have it on fox. i'm jamie colby. see you for a brand new hour of america's news headquarters at 1:00 p.m. eastern. send you back to for "forbes on fox." have a good day. ♪ ♪ >> david: we have a warning about this. a new study out this week showing the united states is looking at a mass
want to inherit the america i know we can be. i only hope in that america people are free to do this. >> i refuse to live in a country where heads can't be used as drums. this story is a difficult one for me. if you are giving your life for your country, you are defending your country, you should be allowed to do anything you want. >> kill a bunch of kids. >> i didn't say that, idiot. >> if it is a job, it is a job. you can't say bad things about your boss. i would be mad if shultz was putting stuff on twitter about me. >> this is not employee, employer. it is my understanding the orders are not optional. he is the property of uncle sam. if his orders say one thing he needs to stick to that. also there is the small note that facebook is not a place where any serious discussion on anything should be held. >> that was his greatest sin. facebook is for like, what is this poking? why are people putting pictures about their babies everywhere. it is not for serious causes. >> it is fun. >> when facebook get serious it is boring and ugly and dumb. >> the military seems to want these guys to
. president obama is different and symbolizes the increasing diversity of america, symbolizing the loss of control, predictability, certainty, clarity, that a lot of people need for their well-being. >> that's different than what they were talking about and inflammatory was not that. >> bill clinton was appearing at over the anniversary of the bombings at oklahoma city, the 15th anniversary. the issue with your conclusion, because he didn't necessarily compare the tea party. >> i saw he drew a parallel. >> no, i think that actually -- well, listen to what he said and we can debate it. bill clinton with the sound bite you heard, just gave the crazies out there an excuse to be violent. he just offered them an opportunity to be violent. >> that wasn't bill clinton, that was --. >> what pick -- what bill clinton said. >> we will go to weather and come back. >> can i help you? >> we are actually on the air, live. really? okay. now you see what goes on here. i will be right back. >> i will call it a day. will you taking it from here, please? >> are we on tv? what is going on? gosh, i thought
. be sure to join us for fixing america's schools one hour from now, 7:00 p.m. eastern. i'm don lemon, see you then. "the situation room" "the situation room" starts right now. >>> it was the blast that shoork america to its core and awoke the country to a new threat from within. remembering 15 years since the oklahoma city bombing. bill clinton was president at the time. i'll talk with him one on one about the heated anti-government rhetoric that fanned the flames of extremists like timothy mcveigh. are we facing a similar danger now? >>> plus -- testing nuclear weapons without detonating a bomb. we'll get an exclusive look inside one of the top u.s. laboratories where researchers carry out about 1,000 explosions each year. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room" "the situation room." almost every american can recall exactly where they were when they heard the news. 15 years ago monday. a massive homemade bomb ripped apart the murrah federal office building in oklahoma city killing 168 people. the shock of
. potentially including the $1 billion pentagon contract to train the afghan police. that is a task that america has been funding and supposedly working on for over eight years now. since 2003, that task has been contraktded out to a company called dynkorp. they quite literally cannot shoot straight. as reported recently in "newsweek," quote, at kabul's police training center, they recently arrived to supplement dyncorp's efforts. the italians soon discovered poor marksmanship wasn't the only reason, the sights of the ak-47s and m-16 rifles the recruits were using were badly out of line. quote, we zeroed all their weapons. it's a very important thing, but no one had done this in the past. i don't know why. i know, i know. that story prompted our next guest at an oversight hearing in the senate to say, quote, we're paying somebody to teach them how to shoot the weapons and nobody bothered to check their sights? joining us now after way too long an absence, senator claire mccaskill of the great state of missouri, senator, thank you so much for your time tonight. good to see you. >> thanks, rachel.
" continues this saturday, the rocket man who wants to run a taxi service into space for america's astronauts. but some say not so fast. >>> and later, "making a difference," a first of a kind face-off. wait until you see who's behind the mask. everything is better with swanson broth in it. made with garden vegetables and sun-drenched herbs. the secret is swanson, 100% natural chicken broth. miracle-gro results ever? spectacular plts without all the weeds. with miracle-gro shake 'n feed plus weed preventer. just a few shakes stops weeds before they start. plants grow twice as big. with almost no weeds. even in your vegetable garden. want three months of feeding, without all the weeding? ♪ all you need... is shake 'n feed plus weed preventer. high arches. (announcer) people everywhere are discovering dr. scholl's custom fit orthotic center. backed by foot care scientists, its foot mapping technology identifies the areas you put pressure on then recommends the right orthotic. for locations see drscholls.com. thank you so much. constipation's uncomfortable enough, so why take a harsh laxative?
. and next sports. somewhere in america... there's a home by the sea powered by the wind on the plains. there's a hospital where technology has a healing touch. there's a factory giving old industries new life. and there's a train that got a whole city moving again. somewhere in america, the toughest questions are answered every day. because somewhere in america, more than sixty thousand people spend every day answering them. siemens. answers. >>> rainy and windy out there, but a good night for the nats. >> nationals have one of their newest players to thank for it. adam kennedy showed up at the park planning to start in place of the still-injured ryan zimmerman at third base. adam dunne is tossed in the first inning and kennedy takes his place. it's not what he did in the infield that made the biggest difference. he became the hero with the two-run single in the bottom of the eighth. nationals beat the brewers 5-3 down at nationals park. bottom first, no score. full count on for adam dunne. dunne stops his swing. you think it's ball four, right? third base ump said no, dunne swung. dunne doe
where the national action work is hosting a discussion on black leadership in america. noted african-american leaders from all across the country will be taking part in today's panel discussion and it is under way for the last hour. have another hour to go. we'll be monitoring for you live. we'll have our own panel comment on today's proceedings, stay with us for pretty interesting discussion here. >>> meantime, it is a nightmare weekend for air travelers, hundreds of thousands of passengers are strandsle around the world because volcanic ash canceled flights for yet another day. the latest from london's heathrow airport. >> reporter: the british announced nothing will fly until sunday morning 7:00 local time. the french have said it was monday morning before their airports including paris open again for operations. 16,000 flights have had to be canceled in european air space, normally they take 28,000 flights a day. only two-thirds of them have been canceled. only a third operating. that mainly to airports in southern europe. across the rest of europe, and scandinavia and sp
diplomacy. >> today on america & the courts, supreme court justice stephen breyer and clarence thomas discussed next year's budget before a house appropriations subcommittee. it ought about cameras in the courtroom, the diversity of law clerks, and cases involving health care legislation. "america & the courts," is tonight at 7:00 eastern here on c-span. but in his weekly online address, president obama talks about financial regulation that would create a part -- a consumer protection agency and established new rules governing the practices of wall street firms and government sponsored entities. after that, republican house whip eric cantor talks about the federal tax filing deadline and criticizes better it -- criticizes government spending and higher taxes. >> there were many causes of the turmoil that ripped through our economy over the past two years. but above all, this crisis was caused by the failures in the financial industry. what is clear is that this crisis could have been avoided, if wall street firms were more accountable, if financial dealings were more transparent, and
and controversial issues of law about which there is very reasonable disagreement in america. in fact, one of the great things to think about this country and its legal tradition is that there is room for the disagreement. as much as i like my own views, i confess to you that i would be a little afraid if i was the only voice speaking and that everything went my way. that is not the kind of certainty that i have about my own views. i hope my writing reflects the more thoughtful writings reflect that discipline and restraint. >> madam chairman, thank you. if there is an opportunity for us to visit privately i would welcome that. i suspect there may be questions for the record falling out. goes without saying that you can add or elaborate on your answers. >> i would like to close this off with a few words. questions? [laughter] >> i would note that sutton is here and he was a skilled attonrey -- attorney and that went on for 12 hours. we have had some long hearings. we have had some long hearings. this certainly did >> with regard to your comments, it may be valid when the object of the inte
what happened then. and what it meant for america. what we learn learned from okla city is not that we should gag each other or we should reduce our passion for the positions we hold, but that the words we use really do matter. >> house speaker nancy pelosi is waiting on all -- weighed in on all of this as well saying the republicans not the democrats should fear the tea party. talking about the republican primary fights. democratic strategists believe democrats better be ready in november for the mobilized grassroot movement. >> bret: major garrett live on the north lawn. thanks. president obama is threatening to veto financial overhaul bill unless it includes strong regulations on the derivatives market. derivatives are financial instruments such as the mortgage-backed securities that are blamed for contributing to the economic crisis. some democrats are uncertain how far to go with the regulations. all 41 senate republicans signed a letter voicing opposition to the current proposal and demanding further negotiationnegotiations. >>> just one day after the april 15 tax day deadline, t
headaches. >>> good morning, america. i'm bill weir. >> good morning, i'm ashleigh banfield. it is saturday, april 17th. >> and the big story continues to be the world versus the volcano. it's gotten from bad to worse overnight. this is exclusive new video in a chopper over iceland. scientists are saying the eruptions could get worse. and it is an economic and human disaster, really, on a global scale. reports from around the globe in just a moment. >>> but in that shocking case in philadelphia where school officials are accused of spying on students at home with school-issued laptops. now, we're learning what the teachers did with the pictures that were snapped unknowingly. those teens. one the teenagers, the angry students, is going to join us live. >> all of that coming up. >>> and now the gigantic cloud of volcanic ash that stretches as far south as italy, east into russia. aviation experts say as many as 6 million people could be affected worldwide. and it could cost the airlines $1 billion in the shutdown continues through tomorrow. and this morning, scientists in iceland are getting
, live from the nation -- america's news headquarters, live from the nation's capital right now. across europe and around the world, air travel is grinding to a halt because of the icelandic volcano that continues to build smoke and ash thousands of feet in the air. the situation is even threatening to scuddle the president's plans to attend the funeral of polish president lech kaczynski. only 5,000 flights in the air over europe today. on a normal day, there would be almost five times that number. our own greg palkot is one of the thousands of stranded travelers. greg is stuck in dubai because his flight to europe was canceled like most of the other flights bound there. greg, what is the latest with travelers and flight schedules where with you are? >> hey, brian. we're stranded like tens of thousands of others around the world, thanks to the volcanic ash cloud across europe. we were traveling back from an assignment in yemen and hoping to transit today to london through this major air hub through dubai in the middle east. not emirate airlines, the biggest in the region, the one we wer
they're with wall street or whether they're with main street and the rest of america. so they're framing this very much as an anti-wall street vote. this was very, very good and unexpected news for the obama administration today. >> ben, if you could make your answer short, we don't have much time. the s.e.c. is looking at other firms too. how big could this blow up on wall street? >> it could blow up very big. the double dealing here could be very, very big, and the republicans are making a huge mistake fighting against this bill. >> all right, thanks to both of you. we'll hear a lot more about this in the days to come, and we'll talk more about goldman sachs with california's attorney general, jerry brown. >>> also, the catholic sexual abuse scandal. an american priest who says pope benedict should quit, in a moment. ♪ [ researcher ] if you're using the leading sensitivity toothpaste, you may be missing some of the protection you need for a healthy mouth. with crest pro-health toothpastes, you don't need to make that trade-off. [ sela ] crest pro-health is the first and on
every day back and forth between the united states or north america and europe, i should say, air force one may fall victim to the same thing that's grounding many of those flights obviously that enormous volcanic plume of ash that's grounded all those flights. what tom was just reporting a moment ago might be the same fate that befalls air force one. we know that the family of the late president had said they wanted this funeral service to go forward regardless of whether world leaders could be there. of course, we are told that there are several world leaders that have already sent their regrets due to their inability to get there after the volcanic eruption. so,my afternoon once again we'll find out if the president is going to be making that overnight trip to poland. >> we'll wait for that. meantime, the white house economist christina roemer is offering new comments on the economy. what's she saying? >> right. a speech at princeton university today, tackling the perception about the economy that we are doomed to high unemployment because that's just the nature of the economy this d
they're going to get past this one. >> well, they're america's sweethearts, i guess they'll get back together again. fox makes these tea parties a hell of a lot more money with cheerleading than ticket sales. why is that not a problem for fox or for mr. murdoch? >> it should be a problem for fox and it should be a problem for mr. murdoch. it hasn't been because americans have largely become desensitized to what we're seeing from fox news as the unprecedented, you know, politicization of our news. it's operating as a political campaign not a news organization. so as you look at this, i think what's happening now is in the wake of murdoch's comments last week or my colleague in the question put to mr. murdoch, there's been a lot more heat from the media on fox and their relationship with the tea party. and fox really needs to maintain this illusion of journalistic credibility to be able to continue to operate as a 24/7 political campaign that you use a a fear tactics, that deliberately lies to their viewers and the american people. so for them, i think it's an important business decisi
, the secretary of education pays us a visit and answers your questions on fixing america's schools. will his plan work? i go one on one with arne duncan. >>> tired of paying big bucks for your movies? grab your popcorn. we'll tell you what one company is doing to help you make money, big money, off the box office. >>> good evening, everyone. i'm don lemon. the volcano in iceland shows no signs of calming down. it is still blasting ash into the skies and causing devastating and devastating shutdown of virtually all european air travel. the impact is devastating, causing flight cancellation and travel chaos from ireland and england across northern and central europe and into parts of russia. russia, it is also caused by the -- all of this is caused by the volcano at iceland's eyjafjallajokull glacier. it is potentially a deadly combination for aircraft engines. the flight cancellations have turned some of the world's busiest buildings into quiet cavernous shells, would be travelers have been stranded or forced to stay home and those unlucky enough to be stuck at airports, well, they're living in al
america. i simply don't. it is to thoroughly integrate society. and we just couldn't. it's not going to turn into julie. it's not going to happen. it's simply not that i'm us more worried about israel. the doctrine i were talking about this last light briefly, and my concern is you basically have a crusade state model where a civilization is reimpose on the middle east but can't laughter coming, again, the middle east just isn't nurturing. and i hope israel will have a long grant healthy successful future. but i worry about the way the world has turned so profound it against israel. it is irrational, but again israel is a victim of its success. in the sense that it chains everybody else who fails. how good these jews from the shtetl, these despised jews who somehow get to a palestine that is absolutely deluded of greenery and that the so is ruined, it has no hope, diseases and endemic, and making their own picks and shovels in many cases, they began to till the land. and they literally, the clichÉ is true, they make a garden in the desert. and from the garden in the dese
for acquisitions. bank of america was the other big earnings report out today. it easily beat expectations. similar to j.p. morgan earlier in the week, b. of a.'s profit strength came from its investment banking business. shares of b.a.c. got swept up in the goldman story, and it did huge volume: more than 500 million shares, dropping more than 5%. the bank set aside less money for bad loans compared to last quarter. coming into today, the market focus was on google after last night's earnings, which failed to impress. the stock felt that, dropping to a three-week low on three times volume. all three of these stocks-- google, bank of america, and g.e.-- are popular u.s. stock mutual fund holdings. google is the eighth most widely held in funds. bank of america, number nine, and g.e. the 26th, according to morningstar. a couple of ports of shelter in today's storm: consumer stocks and health care. coca-cola stock headed higher. it has earnings tuesday. kellogg's results aren't due until the week after next. it saw buying on heavier than usual volume. in health care, boston scientific rallied after t
will be joined by shane harris author of "the watchers: the rise of america's surveillance state." p.w. singer author of "wired for war" and bruce riedel, author of "the search for al qaeda." the second panel will begin in about an hour and 50 minutes on the world of water. we expect the third panel at about 1:15. it will be on wall street. >> we're going to get started. can you hear me okay? thanks for joining us, and i wonderful thing because so many of you want to spend a beautiful saturday morning in a dark jim talking about cheerful subjects like al qaeda, terrorism, robotic soldiers and war was electronic surveillance. but welcome. i've been asked to remind you to turn off cell phones and to emphasize that point i'm going to ask if any cell phones rang that the camera turned on new. to be as humiliating as possible. i'm going to be very brief and introductions so that we have as much time as possible to talk about the books in question, which are all fascinating. to my left sets two of my colleagues and ask her sort of three colleagues. one of them sort of honorary. bruce riedel who sits
fault, really." they came out of their bunker to swear they didn't sell america short so what do you make of this? >> i didn't expect the s.e.c. to come out with the big howitzer today the way it did. goldman, i thought, at least could take comfort or defense in the esoteric of this, how hard it is to go home and explain to your mother, i have to use metaphors like wall street turning out tainted hamburger meat and by the end of the conversation the per is more confused than the beginning of the conversation. goldman is relying on a defense of diffusion of responsibility-- "how were we to know it was it was going to fall apart." the ratings agencies were supposed to tell us these were not as robust as they were. if you peel down the layers of the deal, you realize there was another mechanism that goldman and paulson cold. you have a patsy in that trade in effect, and i'm pretty struck that the s.e.c. was aggressive as it was getting to the heart of the trade. >> rose: the s.e.c.. does this represent because they've been under such attack over the last several years, a new aggressive
a live panel discussion on black leadership in america. my colleagues, anchors tamron hall and ed schultz host a two-hour forum that will discuss a wide range of topics from politics to business, education and civil rights. tomorrow right here at noon eastern. >>> coming up in the next couple of hours, we'll dip into all that's going on, that discussion that will be held where mara was in harlem. we'll follow all that live for you. >>> now that april 15th has come and gone, what lies ahead in the tax year to come? are we about to see a surge in taxes to pay off the nation's debt? >>> but first -- >> i'm chris jansing in iceland where the activity at the volcano that's causing all those travel disruptions is actually increasing. i'll have the latest from here. announcer: trying to be good to your heart? so is campbell's healthy request soup. low in fat and cholesterol, heart healthy levels of sodium, and taste you'll love. chef: we're all kind of excited about it. guy: mmm! i can see why. announcer: campbell's healthy request. m'm! m'm! good! for your heart. so, doctor... i've been thinkin
. or bank of america. which got caught up in the brouhaha obscuring how terrific that quarter really was. i went through it, fine-toothed comb. it's the only use i have for fine-toothed combs. and i've got to tell you it really was fabulous. that's why i kept them, even after i lost the hair. fine-toothed comb to go over bank of america's quarter. i marvel at both firms' numbers and how cheap they are considering. which is why i own them both for my charitable trust, actionalertsplus.com, as i do u.p.s. could there be spillover, further investigations into these firms? probably. all i can say there is that if there are others the whole issue gets diluted. people will forget the whole darn controversy. that's what happens. keeping an eye on vik pandit's citigroup, it shed 5% since yesterday, much of it because of goldman sachs. the company reports on monday. if it's good, you could be getting a gigantic goldman-inspired bargain on a stock that i think could ultimately wind its way higher, maybe to $12 in 2012. then third, you buy the big industrials, which haven't yet reported, a little more
hundreds of thousands of dollars to get out or come back. that's not helping anybody in north america. in terminal three here. people sleeping there. they really don't know what to do. they can't get hotel rooms. don't want to pay for hotel rooms or have checked out and can't check back in. it's a real mess. we cannot tell anybody when this is going to get bet are and in fact know there are now only about 5,000 flights in europe today. that's out of the normal 22,000. yesterday there were 10,000 flights. so it's not easy for anybody. some airlines saying we're not even going to fly today, tomorrow, or monday. we don't know when we're going to fly t.j. just terrible t. is terrible. like we said that volcano is still erupting, shooting ash into the air. we don't know if this will go away soon. appreciate it so much. >>> that cloud of ashen volcano talking about is enormous. so big you can see it from space. this picture from nasa, if you live in iceland, a it's worrisome weekend with the ash cloud threatening to overtake homes and businesses. here's cnn's gary tuchman. >> reporter: this
. >> it will be a different summer. [laughter] summer. [laughter] "nightline" is somewhere in america... the slightest breeze harbors immense power. the tallest buildings leave the lightest footprints. a fifty-ton train makes barely a mark on the environment. and a country facing climate change finds climate solutions. somewhere in america, we've already answered some of the nation's toughest questions. and the over sixty thousand people of siemens are ready to do it again. siemens. answers. is that your new car ? uh... yeah ? cool. thanks. i knew i wanted a subaru legacy. i went back and forth on the hood scoop... but i'm glad i went for it. the subaru legacy. feel the love.
or that's the end of the united states of america. that's not fair. >> brenda, we're 12 1/2 trillion dollars in debt on the way to 120 trillion bucks -- 20 trillion bucks unless you stop spending -- that's not going to happen. or he's going to have to raise taxes for everyone. >> you all are presuming this is a deficit of his creation. >> well, let's not talk about the -- >> wait a second. >> it is. >> this is the bush's fault argument. at what point will it be his deficit? >> are you not acknowledging he inherited a huge deficit? >> he did but he's bush on steroids. >> he's accelerating. >> he magnified it. >> thank you, gary. >> we're not saying that president bush wasn't a spender too, but comparatively, the amount of money spent by this administration is much, much higher percentage of gdp. >> and the president didn't have a choice. >> it's not complicated. >> but again, your point is say that we needed to save the banking system because -- i'll go with that. the federal reserve did the heavy lifting. $786 billion, which we handed out to people in welfare, unemployment or service
>>> hello, everybody. a brand-new hour inside america's news headquarters. >> topping the news this hour, eruption disruption, mother nature's volcanic fury grounding most flights in and out of europe, including air force one. there is no clear end in sight, from the massive amount of ash in the jet stream. >> , a controversy out in california. a simple resolution meant to honor the boy scouts and their century of good deeds has caused a major political uproar. we will talk to the law maker who sponsored the resolution and is very upset with what went down. >> and that's the space shuttle discovery saying good-bye to the international space station and preparing for landing on monday. >> but let's start with president obama who had to cancel his plans today to attend the polish president's funeral as volcanic ash shuts down air travel over a large chunk of europe. the white house confirming air force one can't make the trip. the polish president and his wife died with 94 other people in a plane crash last weekend. president obama issuing this statement, saying, quote, i regret
. british airways cancelled all flights to and from london for today. and several flights from north america scheduled to arrive at british destinations friday night they had to go to scottish airports. hotels near london's heathrow airport, as you can imagine, are filled with people who can't get out of britain. cnn jim bouldon is one who actually can't get out himself. he's at heathrow now. what are the chances you or anything else trying to get out soon, jim? >> reporter: t.j., i figured since i can't go on holiday, might as well work. i called british airways. 40 minutes on the phone, they ask you to do. i have a seat tuesday. the best they could do. that's what people are facing here in london. if you're waiting for mun to come back to the u.s. from london, unless they got a flight seat last night, and until the airline says they can get their flights going, they're not leaving here for days. be in, people like american airlines handing out leaflets in terminals saying, don't come to the terminal. the uk is shut today. until at least tomorrow morning, and you cannot change your reservat
in 1969 was supposed to alive to less than 10 people in america, ultra rich avoiding paying tax. today it allows to -- it applies to tens of millions of american households the only reason they don't have to pay, every year we pass affix which puts off the tax. >> sean: if you are in new york add another 10% that's 50% of your income. >> don't forget social security and medicare taxes. in new york you have top affected tax rate of 60%. >> sean: health care, higher taxes for health care. floating a value added national sales tax. you might have property tax if you own a piece of property. then you might have county tax. sales tax. are we talking 70% potentially of people's income going to the government if you live in a high tax state like new york or new jersey? >> high tax, even a more modest sort of middle class family in a high tax state could see their rays between income, property, state and local property and sales taxes approaching 50%. look, americans are right. you have seen recent polls. there's a long standing poll done by the tax foundation. there was another poll done that
on "washington week." >> wall street took advantage of america. it's now our turn to look at wall street contributing to a better america. >> sounds simple enough. but a bank regulation bill that seems like a slam dunk only a short time ago -- >> i think we're very, very close -- gwen: has run into a partisan buzz saw on capitol hill. >> this bill wouldn't solve the problems that led to the financial crisis. it would make them worse. gwen: might the same thing happen to president obama's eventual supreme court nominee or to the plan embraced by global leaders this week to reduce nuclear weapons? but saws ever where. >> the tea party movement. gwen: much of it building under the tea party flag. >> stop calling anyone un-american. let the unintended consequences of these actions, the results are un-american. gwen: covering the week, david wessel of "the wall street journal," gloria borger of cnn, peter baker of "the new york times," and john dickerson of "slate" magazine and cbs news. >> corporate funding for "washington week" is provided by -- >> additional funding for "washington week" i
. from america's news headquarters, i'm jamie colbiy. new warnings about the iceland volcano. scientists say it shows increased signs of activity. plumes of ash are creating chaos. thousands of flights cancelled today over concerns the ash could damage plane engines and impair visibility. with so many airport in europe shut down, many are flooding car rental agencies. despite the travel problems, president obama and scores of other world leaders are planning to attend the funeral for the polish president. memorial services are under way today, thousands of mourners filling the main square. the president and i say wife were killed when the plane went down in heavy fog. the funeral mass will be held tomorrow. back to cavuto on business. >>> want a big government project? you better be in a union shop. it steers federal contracts to union friendly companies. nine outs of ten workers are not in a union and that's way you say it's bad for jobs in america. >> unions are getting their money's worth. charles, 85% of construction worker force is nonunionized but they're telling that 85% to take a
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